Yesterday I mentioned the idea of slightly more inventory could lead to more sales and faster-rising prices - but too much could freeze up the demand. Is there history upon which we can reflect? We know that the local market in 2013 reached full-blown red-hot frenzy...
Those who are considering a move to Rancho Santa Fe should read this article - and especially the comments at the bottom: http://www.rsfpost.com/rsf_association_terminates_fiber_internet_deal The RSF real estate struggle (232 active listings, 21 sold last month) is...
Rich has posted his September report here: http://piggington.com/september_2016_housing_data It is remarkable how similar this year's inventory has been to last year's - and the trajectory is virtually identical as well. Sales have been strong too, in spite of the...
We just saw this 2br house on a 0.96-acre lot in Leucadia on September 25th, only three weeks ago: https://www.bubbleinfo.com/2016/09/25/acre-west-5/ After 12 offers and furious bidding, it's already closed - for $2,436,000:
It's still Wednesday! I didn't attend the Desert Trip first weekend, but I've seen video of all six bands. I think Bob Dylan's opening number stole the show (the camera stops spinning after 23 seconds): P.S. Bob Dylan is 75 years old - which is older than any Desert...
There are very few one-story houses that are right on the golf course in Carlsbad. This one is mostly original, but it has good bones!
The best things to come out of Fullerton, California are Jackson Browne, Fender Guitars, Tommy Lasorda and this band:
The latest foreclosure numbers are out, and we're down to less than 1% of all mortgages being in foreclosure: The national foreclosure inventory – the number of loans in the foreclosure process – fell 29.6 percent year over year in August 2016, according to the latest...
Tough luck for those who want a new one-story house - 42 of the 44 houses here are 2-story big bombers over 4,000sf, and up to 7 bedrooms and 7.5 baths!
When it comes down to the last 2% to 4% on price negotiation, why is there so much trouble putting a deal together? It because the participants had no strategy going in - they just start making offers or counter-offers without regard to where it will lead. Without a...
